Category: Forex Broker

What is a Forex Broker?

Forex broker are firms that provide traders with access to a platform that allows them to buy and sell foreign currencies. Transactions in this market are always between a pair of two different currencies, so forex traders either buy or sell the particular pair they want to trade.

Forex broker may also known be as a retail forex broker, or currency trading brokers. Most forex broker firms handle only a very small portion of the volume of the overall foreign exchange market. Retail currency traders use these brokers to gain access to the 24-hour currency market for purposes of speculation. Forex broker services are also provided for institutional clients by larger firms such as investment banks.

NZD/CAD: Bulls are close to test the depth of bullishness.NZD/CAD: Bulls are close to test the depth of bullishness.

General overview: NZD/CAD has moved to the upside position in the market. Opportunity although there is still upwards rising in the market. the market will show its positive side now.

GBP/AUD: PAIR CREATES MOVEMENTS TOWARDS THE DOWNSIDE EXTENSIONS.GBP/AUD: PAIR CREATES MOVEMENTS TOWARDS THE DOWNSIDE EXTENSIONS.

Overview: The price is moderating following Brexit -induced Sterling weakness. The path makes its moves towards the downside in the market and we can expect more downside extension. The British

AUD/CAD: Bulls are leading to upside from 50 Day EMA line.AUD/CAD: Bulls are leading to upside from 50 Day EMA line.

Overview: Since the beginning of October. The AUD/CAD currency pair has been trading upwards with a rising wedge pattern. Easing coronavirus restrictions may continue to underpin AUD. Better-than-expected economic data may

EUR/USD: HOLDS IN A TRADING RANGE BULLS AWAITS ECB DECISION.EUR/USD: HOLDS IN A TRADING RANGE BULLS AWAITS ECB DECISION.

Overview: The EUR/USD pair struggled to capitalize on its intraday positive move and finally settled in the red for the third consecutive session on Tuesday. EUR/USD has added to the

GBP/USD: The pair has become the sky rocket, just buy ! buy! And buy !!GBP/USD: The pair has become the sky rocket, just buy ! buy! And buy !!

Overview: GBP/USD gathers pace to take recovery above 1.3400 heading into the London open, the greenback continues bulls to continue in the market. The bulls are trying to increase the

EUR/GBP: Testing the upward side wait for next movementEUR/GBP: Testing the upward side wait for next movement

Overview: EUR/GBP is currently trading above the upper end of the falling channel, represented by trend line. The pair is moving above as from the last weeks the channel created

XAU/USD- Bears are driving the car and drilling all the key support levelXAU/USD- Bears are driving the car and drilling all the key support level

Overview- Yellow metal is heading to the downside and breaking each and every support. Well, bears got succeed to make it a downside and the bias has been shifted from

AUD/NZD: bears started falling after 1.0500, holds bearish declines.AUD/NZD: bears started falling after 1.0500, holds bearish declines.

Overview: The AUD/NZD crosses represent two Australasian currencies which often trade similarly against the other currencies due to similar geographical locations and high rollover rates. AUD/NZD holds bearish declines but

GBP/CAD: THE SESSION TOWARDS HIGH PLACE THIS TIME.GBP/CAD: THE SESSION TOWARDS HIGH PLACE THIS TIME.

Overview: GBP/CAD is Forex ticker that shows the value of the British pound against the Canadian Dollar, telling traders how many CAD are needed to buy the pound. The GBP/CAD

USD/ZAR: Pair slipped below support line, further downfall is awaited.USD/ZAR: Pair slipped below support line, further downfall is awaited.

Overview: USD/ZAR is likely to continue its decline towards the lower side during this month. The pair reached the current low 15.1899 this time. The snaps two-day losing streak with